Gold price today in Denmark

Registration and voluntary marks

Denmark does not make hallmarks compulsory. Instead, businesses must register and can be inspected, and control marking is voluntary. The Danish assay office, Ædelmetalkontrollen, is in Brøndby, near Copenhagen. The legal gold finenesses listed for Denmark are 999, 990, 916, 800, 750, 585, 417 and 375 thousandths, and gold items under 1 g are exempt. Today the bare international price works out to about 867.74 DKK per gram of 24k gold, 650.81 DKK for 18k and 507.63 DKK for 14k.

VAT: 25% on jewellery, none on investment gold

Denmark has one VAT rate, 25%, with no reduced rates, so jewellery pays 25%. Investment gold is exempt under the VAT Act (momsloven § 13): bars or plates of at least 995 fine in a weight the gold markets accept, and gold coins of at least 900 fine, minted after 1800, legal tender now or in the past, and usually sold for no more than 80% above their gold value. Bars or plates of 1 g or less do not count as investment gold.

Income tax on gold gains

According to a Danish audit firm's 2024 guide, a private person pays tax on a gain from gold bars or coins only if the gold was bought as part of a business or for speculation. Such a gain is personal income, a loss is usually worth less as a deduction, and each purchase is judged on its own facts. Keep your receipts and ask the tax agency if you are unsure.

Danmarks Nationalbank's 66.5 tonnes

Danmarks Nationalbank holds 66.5 tonnes of gold, worth about kr. 58.8 billion at the end of 2025. It keeps the gold for historical and legal reasons: under the Nationalbank Act gold counts as collateral for banknotes. Since 2002 about 97% has been stored at the Bank of England, 0.5% at the Federal Reserve Bank of New York and 2.5% in Copenhagen. The bank stopped striking Danish coins in 2016; Finland's mint made them from 2017, and Spain's state mint took over in 2025 after an EU tender.

What moves the krone gold price

The krone is pegged to the euro inside ERM II at a central rate of 746.038 kroner per 100 euro, with a narrow band of ±2.25%, and Danmarks Nationalbank buys or sells kroner to keep it there. So the krone gold price moves almost exactly like the euro gold price. Nationalbanken publishes indicative reference rates shortly after the ECB's 16:00 CET rates. See what moves gold prices.

Rules for gold traders in Denmark

Finanstilsynet, the Danish Financial Supervisory Authority, supervises investment firms and has its own national measures on CFDs for retail clients, on which ESMA gave an opinion on 23 July 2019. Check a firm's authorisation before you trade.

Our country guides explain how to check a firm before you open an account.

Trading hours in Central European Time

The international gold market trades almost around the clock, from Monday morning in Asia to Friday evening in New York. The busiest window, the London–New York overlap, falls today at about 14:00–18:00 CET/CEST. That is when US data such as payrolls and inflation is released and the price usually moves most. Denmark is on CET (UTC+1) in winter and CEST (UTC+2) in summer, so the overlap falls in the afternoon; it moves by an hour for a few weeks a year because Europe and the US change their clocks on different dates. The gold market hours tool shows every session in your own time zone.

How this DKK gold price is calculated

Three numbers decide everything on this page. First, the international gold price in US dollars per troy ounce: $4,042.7 at the last update. Second, the exchange rate: 1 USD = 6.6762 DKK. Third, the weight: one troy ounce is 31.1035 grams, and one tola is 11.6638 grams.

1. Price per gram in USD = $4,042.7 ÷ 31.1035 = $129.98.
2. Price per gram in DKK = $129.98 × 6.6762 = 867.74 DKK (24k, pure gold).
3. Price per 10 grams = 867.74 × 10 = 8,677.41 DKK.
4. For a lower purity, multiply by the fineness: 22k = 0.9167, 18k = 0.75, 14k = 0.585, 10k = 0.417, 9k = 0.375.

The gold price is the spot price of gold (XAUUSD) from a public real-time feed, refreshed every few seconds while the page is open; the 7-day table and the 30-session chart use COMEX gold futures closes, which usually sit a few dollars above spot. The exchange rate is a mid-market rate; the rate your bank or money changer gives you will be slightly different. If you want to do the maths yourself, our guide to converting the gold price per gram, tola and kilo walks through every step with worked examples.

What this price does not include

The figures above are the international spot price converted into local currency. They are the starting point for every retail price in Denmark, but they are not the price you will pay or receive at a shop. The shop price adds some or all of these on top:

• Import duty or customs charges, where gold or jewellery is imported.
• Sales tax or VAT, where the country charges one. Many countries tax jewellery but not investment bars; the sections above say what applies here.
• Dealer premium: the margin a bullion dealer or bank adds to the spot price for bars and coins, usually larger on small pieces.
• Making charges (labour) on jewellery, often a percentage of the gold value or a fixed amount per gram.
• Local supply and demand, which can push the physical price to a premium or a discount against the international price for weeks at a time.

When you sell, the buyer usually quotes below the spot-based number and deducts for purity testing, wear and sometimes stones. The gap between the buying and the selling price is the real cost of owning physical gold, and it varies a lot between shops, so it is worth asking several.

Frequently asked questions